COP 26: Role of exchanges in promoting innovative climate solutions: financing, standards, and education

3 Nov, 2021
Glasgow, UK

For more information, please contact the SSE team.

Stock exchanges have an important opportunity to prepare their markets for the growing demand for climate-related information and to assist in mobilising the finance needed to transition to a net zero world. In all markets, stock exchanges find particular value in helping their issuers’ attract capital from international or domestic investors by promoting and enhancing climate-related disclosures. As investors and providers of finance increase integration and consideration of climate risks and impacts, and many commit to aligning their portfolios with net-zero emissions, it’s essential that companies provide relevant climate-related information. Stock exchanges can meet investor demands by promoting consistent and comparable reporting practices thereby helping to ensure the climate resiliency of their capital market system to ensure stability, transparency and long-term growth.

Stock exchanges also play a role in mobilising finance to support the transition to net zero. They do this through the provision of innovative markets, products and services that cater for a range of investor and issuer needs. As market operators, exchanges sit at a key intersection point within the economies in which they operate and act as valuable sources of information and education. Exchanges can improve market understanding and awareness of the risks of climate change and the need to actively embrace a net zero transition. 

Through assisting their home markets to become more climate resilient and better positioned to attract investment, the same business case applies for the exchange itself as a company in that: a) supporting global capital flow inwards to an exchange’s issuers also benefits the stock exchange and makes it an attractive listing venue; and b) the stock exchange will also want to be regarded as having an effective climate strategy to support its own access to capital. As such, we will discuss the key trends shaping this work being undertaken by stock exchanges, building on the SSE’s Model Guidance on climate disclosure, Action Plan for climate resilient markets and green finance guidance documents, providing real-world examples of how stock exchanges are tackling these important issues. 

This session took place on 3 Nov, 15:30-16:30
at the UNFCCC Global Innovation Hub pavilion (Blue Zone)



  • Tiffany Grabski
    Senior Specialist Climate Action
    UN SSE


  • Herry Cho
    Head of Sustainability and Sustainable Finance
    Singapore Exchange
  • Shameela Soobramoney
    Chief Sustainability Officer
    Johannesburg Stock Exchange
  • David Harris
    Global Head of Sustainability Finance, Data, and Analytics
    London Stock Exchange Group
  • Hideki Tomita
    Chief Representative in Europe
    Japan Exchange Group
  • Chiara Caprioli
    Senior Business Development Manager
    Luxembourg Stock Exchange
  • David Colin
    MéxiCO2 - Bolsa Mexicana de Valores

About the SSE

​The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services.